Bitcoin the only option left

[wxa7115]

Sadly people got crazily blind if they saw a 10000% APR stake offered.  They jump in as soon as their eyes set on it.  They will come to realize everything when they got busted because the project just gets rug pulled. 

And I don't feel sorry for the people that were warned about a scam project and they still invest in it.  I always try to talk people out of investing in projects with too big APY, but many of them just ignore me. That's why I choose to ignore them when they start crying how they lost their money. People like that will learn their lesson only when they lose their money.

That is the way most people are, they for the most part only appreciate the knowledge they have gotten themselves through experience, while not realizing they can take advantage of the experience of others and avoid making the same mistakes they did.

So when you warn them in order to save them from suffering massive losses they do not see someone trying to protect them from harm, but someone which is an obstacle to realizing their dreams, so it is not surprising they do not listen to us, but in return we do not have to listen to them when they lose their money with shitcoins.

[The Cryptovator]

Bitcoin is always more secure than other alternative coins. You know that's the reason Bitcoin is called mother coin as well and till now any coin hadn't broken or replaced BTC. If you look for truly decentralized cryptocurrency, then you will not find except Bitcoin. I am talking about Bitcoin technology. Even there are few coins exist with the latest technologies, they had been encountering a lot of attacks. And here Bitcoin stands for with best secure decentralized blockchain algorithm.

[_BlackStar]

Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

You are right, and always have been. Although I am still relatively new to bitcoin but I firmly believe that there are many advantages that require me to trust bitcoin more than any other crypto. Bitcoin has proven its worth, is never hacked and is completely decentralized so that both beginners and pros alike will be safe to choose bitcoin as their investment asset.

As bad as people may think about it, I can only believe that bitcoin is a payment system that offers more advantages over fiat systems. It's just that the world's governments are still too embarrassed to admit it, but they are starting to target profits from it by regulating users.

[isaac_clarke22]

~

Lol, there way too many people that are like that. It is not just those dog coins or even dogshit coins, also those meme coins that you know that won't even last. I guess people can be comfortable due to how hyped a particular meme is.
Good thing that I did not made my final decision back when I was still starting in crypto to buy these crappy coins.

[kamvreto]

Saying it's a crypto scam because they have already lost a lot, they are too greedy and just want to make big profits. The fact is that this is the case, those who get wealth from memecoin or shitcoin are those who dare to take risks for that one opportunity and then throw it away. We must really know how cryptocurrencies work and are aware of the risks that could occur. Bitcoin is indeed the best, but if you can't understand it then everything will be a Scam.

Not everyone could be lucky in the cryptocurrency industry especially if you're risking with altcoins. Some of them could turn into shitcoins, others could be profitable and others might crash and won't recover, in short, there's no definite assurance of profit in some altcoins. If you seek security and assurance, Bitcoin is established enough to fulfill that. It has proven a lot for years and has achieved different milestones of adaptation. People who say crypto is a scam are those who haven't been successful in it and had a hard time dealing with cryptocurrency's volatility.

Bitcoin is no doubt, it has become commonplace and bitcoin is still the first choice. Altcoins are only as optional or second choice or second investment after bitcoin. People who are unlucky in altcoins of course they don't do research first, research is needed to determine whether it is worth being a second investment, the safest altcoin and still my favorite is ETH, because it always follows the price of bitcoin. For a new altcoin it will most likely be shitcoin and worthless. Of course
Not everyone is lucky in the cryptocurrency world, but everyone has the same opportunities.

[Ahli38]

I also at first only believed in bitcoin and ignored altcoins. but half way through i was tempted by the advantages of altcoins. and I buy a lot of altcoins that offer multiple and faster profits. without knowing that behind it there are risks that are far greater than the benefits. I also ended up experiencing a lot of disappointment from altcoins due to my innocence. and in the end I went back to only trusting bitcoin for long term investment. because so far only bitcoin has never disappointed me. if altcoins are fulfilled dev promises but sometimes those promises are not proven. However, unlike bitcoin, bitcoin does not give promises, but bitcoin always provides tangible evidence.

[btc78]

Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

It has been always the Best option but it doesnt mean that it is the only one left, there are still many good crypto that exist but all we have to do is find which is one and yes Bitcoin is in the top of it and i think our perfect option to say as well.

But there is also Ethereum and Solana and of course Binance one of the safest of them all.

[Iranus]

To be fair, bitcoin is an excellent long-term investment and investing in altcoins are not necessarily bad either. However, altcoins are subject to many risks, such as hacks, crashes...so you can also invest in altcoins but remember to only invest small amount, like gambling for fun and allow it to be lost without affecting your sleep. For serious investments, bitcoin is the best choice in the crypto market.

[minime0105]

To be fair, bitcoin is an excellent long-term investment and investing in altcoins are not necessarily bad either. However, altcoins are subject to many risks, such as hacks, crashes...so you can also invest in altcoins but remember to only invest small amount, like gambling for fun and allow it to be lost without affecting your sleep. For serious investments, bitcoin is the best choice in the crypto market.

that is why you have to invest in Bitcoin and leave altcoins because the risk in altcoins is greater than the risk in Bitcoin. Any one who wants to invest in cryptocurrency should go directly to bitcoin but is not that investing in altcoins is very bad but they have different ways of potential

[Hypnosis00]

To be fair, bitcoin is an excellent long-term investment and investing in altcoins are not necessarily bad either. However, altcoins are subject to many risks, such as hacks, crashes...so you can also invest in altcoins but remember to only invest small amount, like gambling for fun and allow it to be lost without affecting your sleep. For serious investments, bitcoin is the best choice in the crypto market.

No doubt about Bitcoin but can't just ignore the potential of altcoins like ETH as well. Just what I did with my portfolio, 60-70% is Bitcoin still, some altcoins got some space on my portfolio to know that they are somewhat profitable as well even during the bear season. I'd never think this was a wrong idea but saying it was right (just for me).

Anyways, it is very important that we know what we are doing. Earning a profit in couldn't be hard if we are choosing the right coin/s. If we think Bitcoin is enough then that was a choice. Yes, it is just like gambling and there are only two possible results, win or lose.

[Nrcewker]

Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

Don’t try any other chains, always go for Blockchains.
Bitcoins are strong in encryption I too agree on this.
It is the first crypto developed, so yes there is some great strong encryption present comparing to other alts.
OP you can also try ETH, as it’s security and safety is almost equal as Bitcoins. At last it completely depends on a user what he/she needs to do. So choose accordingly.

[KaliLinux]

And yet, there are hundreds (or even thousands) of people that prefer not to buy a single satoshi and purchase and hold literal useless tokens with food names, dog names, memes and names of billionaries.

Have these people sacrificed their sweet sleep hours in favor of embracing greed or is it a case of credulity?

People can buy useless tokens and dog coins and still sleep comfortably. It's either they only allocated a very small amount of money (hence they can comfortably lose that money), or they're simply delusionally confident.

You are right and maybe "they're simply delusionally confident" because of the few cases of some people luckily making profits out of these dog name coins hence we will continue to see this with some crypto investors.

[ingiltere]

Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

Bitcoin is always the safe haven for me. Fiat money is losing value against inflation. Stablecoins are not trusted enough for now. In other crypto-currencies, the reward is high and therefore the risk is high. It's always a possibility to lose your whole investment, even in major altcoins. We've seen even those that claim to be very solid disappear from the market after several years. I would trust any coin other than Bitcoin at minimum. After all those years I've been in I know the basics and I don't fear of these price movements at all. In the end I know it's going back to its highest and make new highs. It's more secure long term investment for me.

[Wakate]

Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

Hey, I don't get to understand all you have written.are you relating to the market volatility? You know that the crypto market is not the only financial market that do crash and rise with time. If you take a look at the forex market and all other market, you will see that the same happens there so Bitcoin is as volatility as the Stock, Forex etc markets.

Bitcoin is the foundation of the cryptocurrency market and we shouldn't be surprised seeing other cryptocurrencies falling when Bitcoin falls and rising when Bitcoin rises. That is opportunity for everyone to choose what they really want whether for altcoins or for Bitcoin but Bitcoin is more trusted and secure than all those coin projects coming out from every corners of the market.

[Furious 7]

Snip

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But the fact is that almost everyone has done this and it is quite natural because indeed everyone can be greedy and make mistakes.
For the first time it is reasonable but sometimes there are some people who are so greedy with things like this and this is what makes some people sometimes say that Crypto is a Scam, Even though he himself cannot run Crypto well.

Saying it's a crypto scam because they have already lost a lot, they are too greedy and just want to make big profits. The fact is that this is the case, those who get wealth from memecoin or shitcoin are those who dare to take risks for that one opportunity and then throw it away. We must really know how cryptocurrencies work and be aware of the risks that could occur. Bitcoin is indeed the best, but if you can't understand it then everything will be a Scam.

In this case, indeed not everyone can achieve good results when in Crypto, the reason is simple because indeed they expect something Instant and are greedy enough in this case so that this actually makes them difficult and consumed by their greed.
Agree with what you said because Meme coin is actually the same as gambling, when you can take advantage of this and want to take a bigger risk then the profits can be multiplied but if there is a mistake then you have to be prepared for the worst.

[Hispo]

And yet, there are hundreds (or even thousands) of people that prefer not to buy a single satoshi and purchase and hold literal useless tokens with food names, dog names, memes and names of billionaries.

Have these people sacrificed their sweet sleep hours in favor of embracing greed or is it a case of credulity?

People can buy useless tokens and dog coins and still sleep comfortably. It's either they only allocated a very small amount of money (hence they can comfortably lose that money), or they're simply delusionally confident.

You are right and maybe "they're simply delusionally confident" because of the few cases of some people luckily making profits out of these dog name coins hence we will continue to see this with some crypto investors.

There is a little detail we should not let pass by about this useless coins.
If ones buys Bitcoin during an ATH beause one is feeling bullish about the price but next day Bitcoin bumps let's say 10-20%, there is not the end of the investment, since Bitcoin has proven to be an asset which can easily recover from bear markets with the enough time, reaching higher prices during the next bull run.

On the other hand, these coins/tokens made with no sustance or use case can indeed Moon but most of them fall as quickly as they raised in value and unlike Bitcoin, they never recover and stay as dead projects indefinitely, leaving investors/glamblers holding the bag to the end of times. The clasicall sh*tcoin life cycle is: birth-> moon -> dump -> death

[Text]

There is a little detail we should not let pass by about this useless coins.
If ones buys Bitcoin during an ATH beause one is feeling bullish about the price but next day Bitcoin bumps let's say 10-20%, there is not the end of the investment, since Bitcoin has proven to be an asset which can easily recover from bear markets with the enough time, reaching higher prices during the next bull run.
~snip

We don't get anything out of such coins/tokens that at first show elegance but eventually lose their value. That is a token for those who have joined the hype of P2E and rug pull scheme because many gamers have become obsessed with this kind of investment and they don't have an idea what they have entered because the only thing they want is to earn while playing. But they don’t know that it’s just as easy to lose. They are the newcomers who know nothing about Bitcoin.

[Hispo]

There is a little detail we should not let pass by about this useless coins.
If ones buys Bitcoin during an ATH beause one is feeling bullish about the price but next day Bitcoin bumps let's say 10-20%, there is not the end of the investment, since Bitcoin has proven to be an asset which can easily recover from bear markets with the enough time, reaching higher prices during the next bull run.
~snip

We don't get anything out of such coins/tokens that at first show elegance but eventually lose their value. That is a token for those who have joined the hype of P2E and rug pull scheme because many gamers have become obsessed with this kind of investment and they don't have an idea what they have entered because the only thing they want is to earn while playing. But they don’t know that it’s just as easy to lose. They are the newcomers who know nothing about Bitcoin.

Most of them do not anything know about neither Bitcoin nor Tokenomics.
The worst part is that due to the gold rush caused by P2E last year many people had to face losses, I personally know one which lost some money on Plants Vs Undead. The fortunate ones got their earnings into stablecoins, FIAT or Bitcoin and got earnings tho.

Also, we should not forget of those influencers and YT personalities who took advantage of their fanbase (most of them quite ignorant of blockchain techonology in general) to accumulate ever more money through the offer of NFTs or even sponsoring P2E games. It was during the last year that we all managed to see what social media influencers value more money than their fans.

Of course, there are some P2E which are legitimate like Axi Infinity or NFT's collections which do not try to scam anyone, however, those are few in comparison to the scams and useless coins.

[Afterclap]

No matter how many cryptocurrencies come up in the market, I will always put my money in bitcoin. It’s not just about the profits but also because it is the first cryptocurrency in the world and has been a great asset for me for years.

[landheer]

Everyone will certainly vary with their investment choices, some choose to invest in altcoins, some invest in gold for the long term. and there is also in bitcoin. but if I personally choose to invest in bitcoin, for the long term or short term. I chose bitcoin because I saw a good volume, and the supply was not much, while bitcoin enthusiasts were increasing from year to year. so my only investment choice is only in bitcoin.